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Hello BP Community,I am new to real estate and this forum. I converted my primary residence to a rental property in October 2017. The house is in Los Angeles and the lease will be due in October 2018. From November 20...
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Closed on house yesterday. Single family-4 bed , 2 bath.Paid $127Rehab budgeted- $30 kList price- $249,950Day one- Ripped up all carpet, tack board, base board, kitchen laminant/cabinets out. Sub floors have areas th...
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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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I had rental properties before, it wasn't very successful and I sold everything. Fast forward to now, probably the worst time to buy investment property. I understand that, but for some reason I still have an itch t...
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I got featured in a recent blog post of Joe Fairless!I mentioned that if I received 20 million in real estate, I would go for NNN lease properties.What would you do if you received 20 million in real estate?Is that tr...
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Hi BP Fam! I am a newbie investor and I've been doing a lot of research, reading and podcast listening over the past couple of weeks and came across BiggerPockets along the way. Currently, my goal is to start with p...
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Hi BP friends. I'm an aspiring real estate investor and I have a question regarding cashflow vs net worth when starting out.I've made an introduction thread before but once again my situation is as follows. I am 30 ye...
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Is it just my imagination or is the residential housing market here getting a little soft? Looking at the stats everything still looks good. Only a couple of worrying signs.The percent of original price didn't get qui...
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Hi. I'm new to wholesaling and I finally started getting some calls last week which I was really happy about. For my direct mail campaign I've been sending put letters with the following verbage:
Hi! My name is Calvi...
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Hey there everyone! This is my first BP post since my wife and I are new to real estate investing. We are located in East coast central Florida. We bought our first house last year after finishing college and are now ...